multi-purpose commercial palm fruit oil expeller in kenya

multi-purpose commercial palm fruit oil expeller in kenya
                                               
                                               
                                               
                                               
  • multi-purpose commercial palm fruit oil expeller in kenya
multi-purpose commercial palm fruit oil expeller in kenya
multi-purpose commercial palm fruit oil expeller in kenya
multi-purpose commercial palm fruit oil expeller in kenya
multi-purpose commercial palm fruit oil expeller in kenya
  • How much is palm oil worth in Kenya?
  • Commodity experts say demand for palm oil has been going up since the 1970s, making it a valuable and profitable business worth $50 billion (Sh5 trillion) a year. It is projected to rise to $88 billion (Sh8.8 trillion) by 2022. The crop, however, is yet to take root in Kenya on a large scale.
  • How much palm oil did Kenya export in 2021?
  • In 2021, Kenya exported $130M in Palm Oil. The main destinations of Kenya exports on Palm Oil were Uganda ($91.6M), Rwanda ($16.2M), Tanzania ($7.58M), Democratic Republic of the Congo ($4.68M), and South Sudan ($3.41M).
  • Does Indonesia export palm oil to Kenya?
  • Based on the latest available data, Indonesia palm oil export to Kenya until August this year is only one-third of the total export volume of last year. Another factor that drives up the demand for palm oil in Kenya is the growth in food demand, especially in the FMCG sector.
  • Why is Kenya not able to export palm oil to Africa?
  • Firstly, Kenya palm oil duty import regime that favours CPO/CPL instead of processed palm oil. Kenya imposed a 10% import duty on CPO and 25% duty on refined palm oil. Secondly, Indonesia has not been able to export CPO to the African countries as Indonesia has to fulfil its domestic requirement and biodiesel mandate.